Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale the Whistle Express Car Wash located at 701 W Ridge Road in Pharr, Texas, within the McAllen–Edinburg–Mission MSA, which is home to more than 900,000 residents. The Property consists of a freestanding 3,034-square-foot express car wash situated on a 1.65-acre parcel and is secured by a newly executed 25-year absolute NNN lease backed by a corporate guarantee. Positioned in the heart of the Rio Grande Valley along the U.S.–Mexico border, Pharr serves as one of the nation’s most important international trade and logistics corridors. The city is anchored by the Pharr–Reynosa International Bridge, one of the busiest commercial border crossings in the United States, facilitating billions of dollars in cross-border commerce each year. The area also benefits from its proximity to McAllen International Airport, South Texas College, which enrolls more than 28,000 students, and several major healthcare providers, including Rio Grande Regional Hospital and Doctors Hospital at Renaissance. The Property is located within a well-established and continually expanding trade area supported by strong demographic fundamentals. More than 166,000 residents live within a five-mile radius, while ongoing residential, commercial, and multifamily development continues to strengthen the area’s long-term growth outlook and consumer demand. The immediate trade area is also home to a number of national and regional retailers including H-E-B, McDonald’s, Whataburger, CVS, Popeyes, Starbucks, IHOP, Circle K, Target, Dick’s Sporting Goods Michaels, Burlington, and many others. The absolute NNN lease commenced on January 1, 2025, and extends through December 31, 2049, providing investors with predictable, long-term passive income and no landlord responsibilities. Rental income increases by 2% annually beginning January 1, 2029, and the lease includes four additional five-year renewal options, offering meaningful long-term income growth and investment security. Whistle Express Car Wash is the largest express car wash operator in the United States, with a network of more than 540 locations across 23 states and a workforce exceeding 2,000 employees. Headquartered in Charlotte, North Carolina, the company has experienced significant expansion since its founding in 2014. Its 2025 acquisition of Take 5 Car Wash from Driven Brands further strengthened its national footprint and established Whistle Express as the industry’s largest express car wash platform.